Can Money Be Saved Selling By Owner?
Posted by Hank Miller on
Selling your home by owner, also known as For Sale By Owner (FSBO), is appealing to some in this exceptionally robust market. Not dealing with agents is nice, but can money be saved selling a home by owner? About 7% of homes nationally sold without a listing agent, of those over half were between parties that already had the transaction arranged. Data shows that around 25% of FSBOs don't sell; and for those that do, they sell between 6%-26% less than agent assisted homes. Consider…
Buyer Agent Interaction
Some buyers' agents may be less inclined to show FSBO properties to their clients, knowing they will be doing double work, may receive a below average commission or even no commission. This might limit the pool of potential buyers for the…
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